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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Exacto Hospital’s pre adjusted trial balance at December 31, 20X1, included the following accounts, among others:

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The following additional information is available:
1. A three-year insurance premium was prepaid on January 1, 20X1.
2. One year’s rent was paid in advance on June 1, 20X1.
3. On December 1, 20X1, an $80,000, 9 percent, six-month loan was obtained from a local bank. Interest was prepaid.
4. Unpaid salaries and wages at December 31, 20X1, totaled $68,700.
5. On October 1, 20X1, $400,000 of 6 percent, ten-year bonds were issued at face value. Interest on these bonds is payable annually on October 1, beginning October 1, 20X2.
Required: Prepare, in general journal form, the necessary adjusting entries for December 31, 20X1.
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Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------